If Managers Do Not Pursue the Goal of Maximizing Shareholder

question 77

Multiple Choice

If managers do not pursue the goal of maximizing shareholder wealth

• A) they concentrate on more important matters like growing market share.
• B) they can focus more on social responsibilities.
• C) they are likely to lose their jobs.
• D) they can focus more on long-term profitability.

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Definitions:

Gear Shift Lever

A mechanical device used in vehicles to change gears manually, enabling the driver to control the transmission and adjust the vehicle's speed and torque.

Companies

Legal entities set up to engage in commercial, industrial, or professional activities, often with the goal of generating profit.

School Psychologist

A professional who supports students' ability to learn and teachers' ability to teach, applying expertise in mental health, learning, and behavior to help children and youth succeed academically, socially, behaviorally, and emotionally.

Nauseated

A feeling of sickness with an inclination to vomit.